The com

Sweden

Skanska Aims for Higher Construction Profit Margins

Swedish construction company Skanska announced on Tuesday that it has raised its financial target for the operating margin of its construction division to a min…

Electric Vehicles

Tesla Gets Permit for Ride-Hailing Service in Arizona

Tesla has received a permit to operate a ride-hailing service in Arizona, the state Department of Transportation announced on Tuesday, marking a step forward in…

Energy Storage Project

CATL, HyperStrong Sign Decade-Long Strategic Pact to Deepen Collaboration in Energy Storage

Chinese energy-storage integrator HyperStrong announced on Nov. 17 that it has entered into a strategic cooperation agreement with CATL, establishing one of the…

Metal

African Rainbow Minerals Considers Papua New Guinea Copper Venture With Newmont Corp

African Rainbow Minerals (ARM) Chairman Patrice Motsepe said on Tuesday that the company is assessing a major copper project in Papua New Guinea in cooperation …

United Kingdom

Exxon to Close Scottish Chemicals Plant in 2026 Amid Market Uncertainty

Exxon Mobil announced on Tuesday that it will close its Fife Ethylene Plant in Scotland in February 2026. The company said the site is no longer competitive bec…

Germany

BASF and ExxonMobil Collaborate on Methane Pyrolysis Technology

BASF (Ludwigshafen, Germany) and ExxonMobil (Houston, Texas) announced on Monday a strategic collaboration to advance methane pyrolysis technology, a step towar…

France

EDF, OpCore to Develop 4-Billion-Euro Data Centre in France

French utility EDF and OpCore, a joint venture formed by telecoms group Iliad and InfraVia Capital Partners, announced on Monday that they have entered into exc…

Metal

Rio Tinto to Cut Yarwun Alumina Output by 40% From October 2026 to Extend Plant Life

Anglo-Australian miner Rio Tinto said on Tuesday that it will reduce production at the Yarwun alumina refinery in Queensland by 40% starting next October. The c…

Metal

Barrick Mining Considers Splitting Into Two Entities, Sources Say

Barrick Gold's board is exploring options to divide the company into two distinct operations, with one centered on North American assets and the other on pr…

Electric Vehicles

Dongfeng Nissan to Open Pre-Sales for First Plug-in Hybrid Sedan on Nov. 13

Dongfeng Nissan will start pre-sales of its N6 plug-in hybrid sedan on November 13, marking the company’s first entry into China’s competitive PHEV …

United States

OroCarbo Partner With Haffner Energy and Maverick Synfuels for 100-Tpd Biomethanol Plant in California

Project developer OroCarbo has selected Haffner Energy’s SYNOCA® 20 MW modules for use in a 100 tpd biomethanol plant in California, integrating Mave…

Offshore Wind Power

ABS Approves Samsung HyfloWind Floater

ABS has issued approval in principle to Samsung Heavy Industries (SHI) for its HyfloWind Float, according to the company. The announcement highlights a new desi…

Finland

New Nokia 7220 IXR-H6 Switches Deliver Extreme Performance for AI Data Centers

Nokia announced an expansion of its data center networking portfolio to support the rising performance and scalability needs created by AI workloads. The compan…

Battery

ACCIONA to Build 1GWh BESS Project at Malgarida, Chile

ACCIONA Energía has announced the construction of a 1GWh battery energy storage system (BESS) at its Malgarida photovoltaic complex in the Atacama Desert…

China

China Mobile Boosts Global Subsea Network With Major Hong Kong and Africa Milestones

The company announced the completion of two major developments, including the landing of the Hong Kong segment of the SEA-H2X submarine cable and the activation…